Massachusetts Advisor, Firm to Pay $150,000 in Annuity Switching Case
February 24, 2026 by Melanie Waddell
The U.S. District Court for the District of Massachusetts entered a final judgment on Feb. 10 against Massachusetts-based investment advisor Jeffrey Cutter and his advisory firm, Cutter Financial Group LLC.
The judgment, which the SEC announced on Feb. 19, orders CFG to pay a civil penalty of $100,000 and Cutter to pay a civil penalty of $50,000.
Originally Posted at Think Advisor on Feb 23, 2026 by Melanie Waddell.
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